SRAX Inc.’s (NASDAQ: SRAX) Investor Tracking Pla
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- SRAX’s Sequire investor analytics platform featured in recent Wall Street Journal detailing how current market volatility negatively affects public companies
- Sequire provides public companies with granular shareholder information through investor tracking, warrant management, shareholder surveys
- Year over year bookings doubled to $10 million in Q1 2021, subscriber base doubled between Q3 and Q4 2020 to 183 public companies
SRAX (NASDAQ: SRAX), a financial technology company that unlocks data and insights for publicly traded companies through Sequire, its SaaS platform, was recently featured in a Wall Street Journal article detailing the crippling effects of stock price volatility and how public companies can address the problem (https://nnw.fm/rIikk).
“Executives have to work to diversify their company’s shareholder base, including reaching out to potential new investors, explaining the company’s strategy and allocating time with the CFO or other senior managers,” said Laura Kiernan, chief executive of investor-relations firm High Touch Investor Relations in the article. “Targeting specific shareholders is a laborious process but over time can result in robust trading volumes and higher market capitalization.”’
SRAX’s Sequire SaaS investor platform does precisely that, bringing clarity to public companies through a unique suite of tools that include investor tracking, warrant management and shareholder surveys. With over eight consecutive quarters of growth, Sequire topped off 2020 by doubling its subscriber base from 91 to 183 companies during Q4 and started 2021 by doubling its year-over-year bookings to $10 million (https://nnw.fm/j6dQ0).
SRAX CEO Christopher Miglino attributes the platform’s staggering growth to increased demand from companies wanting to know more about their shareholders. “Our sales have increased significantly over the past two quarters,” Miglino said in the article, disclosing further that Sequire provides additional information about shareholders that specifically ask to be hidden.
SRAX recently upgraded Sequire with a new Shelf Registration feature that allows users to review and track their shelf registration and current shelf availability. Accordingly, the Company is committed to adding additional features to Sequire that already include real time data importing, seamless data additions for non-public share increases and timely one-click predictions that offer critical insights into current market volatility.
“Our team did an amazing job in delivering a number of cutting-edge technological improvements to the platform and they have laid the foundation for some amazing enhancements that we will bring to market throughout the rest of this year,” said Miglino. “I could not be more proud of the hard work and dedication that the team has demonstrated as our sales continue to skyrocket.”
SRAX is committed to helping public companies unlock the power of data through Sequire, its premier investor intelligence and communication SaaS platform. As the demand for market insights continues to grow, SRAX aims to maintain a leadership role in the data analytics space with tools that empower public companies to obtain critical insights into the state of the increasingly volatile and unpredictable market.
For more information, visit the companies’ websites at www.SRAX.com and www.MySequire.com.
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